infoblox inc (BLOX) Related Businessweek News

infoblox inc (BLOX) Details

Infoblox Inc. develops, markets, and sells automated network control solutions worldwide. Its appliance-based solution combines real-time IP address management with the automation of network control, and network change and configuration management processes in physical and virtual appliances. The company offers Trinzic DDI, an appliance designed to ensure the continuous operation of network control; Network Insight that provides automated discovery, and switch port inventory and control; IPAM for Microsoft, a Web-based management interface for the centralized management of DNS, DHCP, and multiple IP address pools; and Trinzic Reporting that automates time-consuming manual tasks associated with collecting, tabulating, and correlating data through single point of control. It also offers Load Balancer Manager to automatically discover and manage load balancers; Advanced DNS Protection, an appliance designed to protect the customer network from cyber-attacks by using threat intelligence; and DNS Firewall that helps organizations protect against malware and APTs. In addition, the company provides NetMRI, which automates network change and configuration management processes; Automation Change Manager that automates network configuration functions for end customers to make network changes without manual intervention and in real-time; and Security Device Controller that enables access policy management, and automates provisioning of ACLs and rules for network firewalls and security devices. Additionally, it offers maintenance and support, consulting, and training services. It serves financial services, government, healthcare, manufacturing, retail, technology, and telecommunications industries. Infoblox Inc. sells its solution through distributors, integrators, managed service providers, and value-added resellers, as well as a field sales force. The company was founded in 1999 and is headquartered in Santa Clara, California.

infoblox inc (BLOX) Key Developments

Infoblox Inc. announced that Alan Conley has joined as executive vice president and chief technology officer, effective immediately. Conley is responsible for technology strategy and initiatives at Infoblox. Conley joins Infoblox from Zenoss.

Infoblox Seeks Acquisitions

Mar 3 15

Remo E. Canessa, Chief Financial Officer of Infoblox Inc. (NYSE:BLOX) while commenting on company investment said that we've been looking at it for a while, if we do make any investments it will be technology driven, if there's revenue associated with it that will follow the technologies. It will be a technology-driven type of acquisition. We got about $300 million cash on the books, we're generating last quarter -- we generated an operated cash flow of $14.5 million. We've been generating cash flow for four years or five years. We're in a great position, given the market that we're in our cash position really to potentially make some acquisitions again are technology driven.

Infoblox Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended January 31, 2015; Provides Earnings Guidance for the Third Quarter Ending April 30, 2015

Feb 26 15

Infoblox Inc. reported unaudited consolidated earnings results for the second quarter and six months ended January 31, 2015. For the quarter, the company reported total net revenue of $74,304,000 compared to $60,882,000 a year ago. Loss from operations was $6,621,000 compared to $4,383,000 a year ago. Loss before provision for income taxes was $7,211,000 compared to $4,486,000 a year ago. Net loss was $7,011,000 or $0.13 per basic and diluted share compared to $4,394,000 or $0.08 per basic and diluted share a year ago. Non-GAAP operating income was $6,113,000 compared to $6,644,000 a year ago. Non-GAAP net income was $5,266,000 or $0.09 per basic and diluted share compared to $6,633,000 or $0.11 per basic and diluted share a year ago. Net cash provided by operating activities was $14.5 million in the quarter.
For the six months period, the company reported total net revenue of $141,023,000 compared to $124,403,000 a year ago. Loss from operations was $15,821,000 compared to $6,287,000 a year ago. Loss before provision for income taxes was $16,601,000 compared to $6,491,000 a year ago. Net loss was $17,221,000 or $0.31 per basic and diluted share compared to $6,943,000 or $0.13 per basic and diluted share a year ago. Non-GAAP operating income was $9,752,000 compared to $14,362,000 a year ago. Non-GAAP net income was $8,230,000 or $0.14 per basic and diluted share compared to $13,706,000 or $0.24 per basic and diluted share a year ago. Net cash provided by operating activities was $26,828,000 compared to $32,480,000 a year ago. Purchases of property and equipment were $3,299,000 compared to $3,725,000 a year ago.
The company provided earnings guidance for the third quarter ending April 30, 2015. For the third fiscal quarter ending April 30, 2015, the company currently expects total net revenue in the range of $74 million to $76 million; non-GAAP gross margin to be in the range of 78% to 79%; non-GAAP operating margin in the range of 5.5% to 6.5%; and non-GAAP diluted net income per share to be in the range of $0.06 to $0.08, assuming approximately 60 million shares on a non-GAAP diluted weighted-average share basis.

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